Powerboat registrations up 4.4 percent for November
The National Marine Manufacturers Association today reported that its preliminary data for November 2018 showed registrations of new powerboats were up 4.4 percent on a rolling 12-month year-over-year (R12M YOY) basis. The NMMA reported that registrations of new powerboats increased for all segments on a rolling 12-month YOY basis through November.
The strongest category was towboats, which rose 10.3 percent on YOY R12M basis, followed by personal watercraft (up 8.4 percent) and pontoon boats (up 5 percent). The data reported that PWC saw the highest rolling 3-month YOY growth rate ending in November (up 22.2 percent), followed by tow boats (up 7.6 percent) and saltwater fishing boats (up 6.5 percent).